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Ballard Mining Limited (ASX: BM1) has reported strong results from its ongoing extensional and infill drilling program at the Mt Ida Gold Project in Western Australia. The project spans 26km of highly prospective greenstone belt around the Copperfield Granite and continues to deliver encouraging outcomes. A standout result came from drill hole DFS 284, which intersected 14 metres at 11.3 g/t gold from just 14 metres depth, outside the current mineral resource estimate. This discovery, together with historical intersections to the north, supports the interpretation that the 2160 lode extends to surface, presenting an opportunity for further resource growth.
Geology Manager Todd Hibberd noted the potential to significantly increase the resource size as drilling progresses, with the infill program already 40% complete. The company plans to advance extensional drilling at Baldock following the current phase. It anticipates initial assays from its broader exploration program in September, alongside data from high-resolution Aero Mag surveys.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.